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Egypt to boost private investments
(MENAFN) Hala Elsaid, minister of planning, monitoring and administrative reform said that the Egyptian government is planning to increase investments inflows into the private sector to 52% of the country's total investment this year.
Investments in the public sector will be 48% of the country's total investments next year, according to economic indicators for the first half of the current fiscal year, the minister added in her remarks on Saturday.
In a different context, Carrefour will open 10 new stores in Egypt by 2020, as the first phase of building 100 new retail stores across the country, according to the spokesperson of Majid Al Futtaim Group.
The company is planning the establishment of the remaining 90 stores.
Investments in the public sector will be 48% of the country's total investments next year, according to economic indicators for the first half of the current fiscal year, the minister added in her remarks on Saturday.
In a different context, Carrefour will open 10 new stores in Egypt by 2020, as the first phase of building 100 new retail stores across the country, according to the spokesperson of Majid Al Futtaim Group.
The company is planning the establishment of the remaining 90 stores.
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